For many individuals and families, your home is one of your biggest assets. As your home value grows (or even if it remains the same) and you begin to pay off your mortgage, you may have an opportunity to leverage the value that you have in your home to make major home repairs, invest additional funds, or for other reasons.
In a HELOC, First Western Trust underwrites a loan for you where we agree to provide you with a maximum amount of money within an agreed-upon period of time. HELOCs are similar to a second mortgage because the collateral is your home’s equity (meaning the value of your home minus the value of your mortgage).
Connect with one of our experienced lenders by filling out the form to see how we can support your financial needs.
Bank NMLS ID 477166
Mortgage and lending products are subject to credit approval.